Rock House Resort, Turks & Caicos Update

Rock House November 2018 Update
We are pleased to provide you with our latest update on the highly anticipated Rock House Turks & Caicos. The project continues to gain momentum, with 19 contracts exchanged out of 37 residences available, resulting in a 68% commitment for our units in the initial Oceanfront Cottage and Ridge Cottage release (Phase 1).  We are also excited to announce the release of Rock House’s Phase 2 units with the Hilltop Condos. The concept provides for the creation of three (3) new buildings of three units each, over two floors. Each unit is a two-bedroom, two-bathroom with lockout capabilities and an expansive balcony with breathtaking views over the Rock House coastline. Measuring approximately 1,500 sq. feet with larger units of 1,900 sq. feet, the units are priced at $1.195M – $1.475M for the penthouse spanning the entire top floor.  Buyers will receive separate title to the one-bedroom and studio components of the two-bedroom, and can also opt to purchase a one-bedroom independently from the outset with a price-point of $695,000. Please inquire with our Turks & Caicos Sotheby’s International Realty team for more details. What’s more is the introduction of our unique “quarry pool” in this Phase 2 location, a new feature that all owners and guests will enjoy, and which will create a further identifier for this iconic resort property. As always, the goal is to introduce new and exciting concepts that will further elevate this project to a leading position in the Turks & Caicos Islands and the Caribbean region. We are thrilled to see it all take shape as we move towards the target of commencing construction on the Phase 1 units in early 2019. Finally, we are pleased to announce the approval for an exclusive Rock House buyer’s financing program from Grace Bay Resorts’ longtime partner, Scotiabank. For those wishing to finance part of their purchase, this is a unique opportunity that other pre-construction projects do not offer. The final details of this buyer financing are still being worked out and we will keep you updated on this.  We hope you will decide to a part of what will become a truly special place in the Turks and Caicos.
  Sincerely,   Mark Durliat, CEO & Developer, Grace Bay Resorts

Link to Media Coverage by Forbes.com

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